Cure51 raises a €15M Seed round aiming to crack the code on cancer survival

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Rather than grimly assembling data about cancer deaths to predict outcomes in treatment, the founders of Cure51 had another idea. They decided to turn the model around 180 degrees. Instead, the company assembles data about long term survivors of cancer, thus hoping to crack the code on what keeps people alive. It’s now raised a €15 million Seed round led by Paris-based Sofinnova Partners. Other investors in this round included: Hitachi Ventures GmbH, Life Extension Ventures, Xavier Niel, and Olivier Pomel, CEO, and co-founder of Datadog.

The startup will now use the money to build a ‘cohort’ of data to work out why certain cancer patients survive for a long time, even with highly aggressive forms of the disease.

Cure51 was founded in March 2022 by Nicolas Wolikow and Simon Istolainen. Both had previously worked in five well-known oncology centers, such as the Gustave Roussy Institute in Paris and the Vall d’Hebronin Barcelona.

Wolikow told me: “There a plenty of companies licensing oncology databases, but their databases don’t include survivors, and don’t present such a multi-omics granularity (single cell & spatial) and they lack ethnic diversity.”

He also claims companies like Flat Iron (Roche), Market Scan (IBM), Iqvia offer “simple databases with clinical data and sparse genomic data.” But molecular databases “at multi-omics levels are required for drug discovery,” he said.

In a statement Simon Turner, Partner at Sofinnova Partners commented: “Looking at ‘mechanisms of exceptional survival’ is not a new concept, but Cure51 has taken this to a whole new level in terms of the scale of the endeavor, plus leveraging the latest in analytical techniques.”

The tech industry has increasingly turned its guns on cancer in recent years.

Alphabet recently announced a number of initiatives to deploy AI models in the health care industry. One will be a tool that will help Fitbit users get insights from their devices and a partnership to improve screenings for cancer and disease in India.


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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Cure51 raises a €15M Seed round aiming to crack the code on cancer survival

Rather than grimly assembling data about cancer deaths to predict outcomes in treatment, the founders of Cure51 had another idea. They decided to turn the model around 180 degrees. Instead, the company assembles data about long term survivors of cancer, thus hoping to crack the code on what keeps people alive. It’s now raised a €15 million Seed round led by Paris-based Sofinnova Partners. Other investors in this round included: Hitachi Ventures GmbH, Life Extension Ventures, Xavier Niel, and Olivier Pomel, CEO, and co-founder of Datadog.

The startup will now use the money to build a ‘cohort’ of data to work out why certain cancer patients survive for a long time, even with highly aggressive forms of the disease.

Cure51 was founded in March 2022 by Nicolas Wolikow and Simon Istolainen. Both had previously worked in five well-known oncology centers, such as the Gustave Roussy Institute in Paris and the Vall d’Hebronin Barcelona.

Wolikow told me: “There a plenty of companies licensing oncology databases, but their databases don’t include survivors, and don’t present such a multi-omics granularity (single cell & spatial) and they lack ethnic diversity.”

He also claims companies like Flat Iron (Roche), Market Scan (IBM), Iqvia offer “simple databases with clinical data and sparse genomic data.” But molecular databases “at multi-omics levels are required for drug discovery,” he said.

In a statement Simon Turner, Partner at Sofinnova Partners commented: “Looking at ‘mechanisms of exceptional survival’ is not a new concept, but Cure51 has taken this to a whole new level in terms of the scale of the endeavor, plus leveraging the latest in analytical techniques.”

The tech industry has increasingly turned its guns on cancer in recent years.

Alphabet recently announced a number of initiatives to deploy AI models in the health care industry. One will be a tool that will help Fitbit users get insights from their devices and a partnership to improve screenings for cancer and disease in India.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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